Abits Total Assets from 2010 to 2024

ABTS Stock

0.62 0.04 6.06%

Abits Total Assets yearly trend continues to be comparatively stable with very little volatility. Total Assets will likely drop to about 10.9 M in 2024. Total Assets is the total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets. View All Fundamentals

Total Assets

First Reported

2010-12-31

Previous Quarter

12.3 M

Current Value

10.9 M

Quarterly Volatility

6.2 M

Credit Downgrade

Yuan Drop

Covid

Check Abits financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Abits' main balance sheet or income statement drivers, such as Tax Provision of 0.0, Interest Income of 8.4 K or Total Revenue of 1.8 M, as well as many indicators such as Price To Sales Ratio of 24.91, Dividend Yield of 0.0 or PTB Ratio of 4.09. Abits financial statements analysis is a perfect complement when working with Abits Valuation or Volatility modules.

Check out the analysis of Abits Correlation against competitors.

Latest Abits' Total Assets Growth Pattern

Below is the plot of the Total Assets of Abits Group over the last few years. Total assets refers to the total amount of Abits assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Abits Group books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. It is the total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets. Abits' Total Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Abits' overall financial position and show how it may be relating to other accounts over time.

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Last Reported 12.32 M

10 Years Trend

Slightly volatile

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Total Assets

Timeline

Abits Total Assets Regression Statistics

	Arithmetic Mean	5,533,904
	Geometric Mean	3,854,594
	Coefficient Of Variation	112.36
	Mean Deviation	4,442,795
	Median	2,525,632
	Standard Deviation	6,217,728
	Sample Variance	38.7T
	Range	22.2M
	R-Value	0.64
	Mean Square Error	24.8T
	R-Squared	0.40
	Significance	0.01
	Slope	883,392
	Total Sum of Squares	541.2T

Abits Total Assets History

	2024	10.9 M
	2023	12.3 M
	2022	24.5 M
	2021	7.7 M
	2020	2.3 M

Other Fundumenentals of Abits Group

Intangibles To Total Assets

Abits Total Assets component correlations

	Total Assets	Total Stockholder Equity	Net Debt	Retained Earnings	Net Receivables	Total Liab	Short Long Term Debt	Total Current Assets	Short Term Debt	Common Stock	Net Invested Capital	Capital Stock	Net Working Capital	Intangible Assets
Total Assets		1.0	-0.83	-0.75	-0.24	-0.9	-0.71	0.73	-0.71	0.87	1.0	0.88	0.89	-0.05
Total Stockholder Equity	1.0		-0.84	-0.75	-0.27	-0.92	-0.73	0.71	-0.73	0.87	1.0	0.89	0.89	-0.07
Net Debt	-0.83	-0.84		0.53	0.58	0.87	0.69	-0.62	0.69	-0.64	-0.83	-0.71	-0.82	-0.02
Retained Earnings	-0.75	-0.75	0.53		0.47	0.82	0.77	-0.26	0.77	-0.89	-0.79	-0.92	-0.38	0.69
Net Receivables	-0.24	-0.27	0.58	0.47		0.56	0.6	0.24	0.6	-0.42	-0.27	-0.51	-0.03	0.59
Total Liab	-0.9	-0.92	0.87	0.82	0.56		0.93	-0.49	0.93	-0.87	-0.92	-0.91	-0.73	0.3
Short Long Term Debt	-0.71	-0.73	0.69	0.77	0.6	0.93		-0.23	1.0	-0.77	-0.73	-0.82	-0.48	0.45
Total Current Assets	0.73	0.71	-0.62	-0.26	0.24	-0.49	-0.23		-0.23	0.31	0.72	0.33	0.88	0.47
Short Term Debt	-0.71	-0.73	0.69	0.77	0.6	0.93	1.0	-0.23		-0.77	-0.73	-0.82	-0.48	0.45
Common Stock	0.87	0.87	-0.64	-0.89	-0.42	-0.87	-0.77	0.31	-0.77		0.87	0.99	0.58	-0.44
Net Invested Capital	1.0	1.0	-0.83	-0.79	-0.27	-0.92	-0.73	0.72	-0.73	0.87		0.89	0.87	-0.11
Capital Stock	0.88	0.89	-0.71	-0.92	-0.51	-0.91	-0.82	0.33	-0.82	0.99	0.89		0.59	-0.47
Net Working Capital	0.89	0.89	-0.82	-0.38	-0.03	-0.73	-0.48	0.88	-0.48	0.58	0.87	0.59		0.39
Intangible Assets	-0.05	-0.07	-0.02	0.69	0.59	0.3	0.45	0.47	0.45	-0.44	-0.11	-0.47	0.39

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About Abits Financial Statements

Abits shareholders use historical fundamental indicators, such as Total Assets, to determine how well the company is positioned to perform in the future. Although Abits investors may analyze each financial statement separately, they are all interrelated. The changes in Abits' assets and liabilities, for example, are also reflected in the revenues and expenses on on Abits' income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.

	Last Reported	Projected for Next Year
Total Assets	12.3 M	10.9 M
Intangibles To Total Assets	0.10	0.09

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Additional Tools for Abits Stock Analysis

When running Abits' price analysis, check to measure Abits' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Abits is operating at the current time. Most of Abits' value examination focuses on studying past and present price action to predict the probability of Abits' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Abits' price. Additionally, you may evaluate how the addition of Abits to your portfolios can decrease your overall portfolio volatility.

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